The paper analyzes the wage-employment effects of replacing unemployment benefits by negative income taxes. It first … surveys the major equity and efficiency effects of unemployment benefits versus negative income taxes, and summarizes the … that focuses on the relative wage-employment effects of unemployment benefits versus negative income taxes. Finally, it …

-binding investment credit limit. Permanent dividend tax reforms distort capital investment decisions in the binding long-run equilibrium …, but are neutral otherwise. Temporary unexpected tax cuts stimulate shortterm real activity in the credit … borrowing position before enacting tax reforms. Finally, permanently lower dividend taxes dampen financial business cycles, and …

This paper presents a novel technique to measure and compare the redistributive capacity of observed tax (or transfer …) policies. The technique is based on income distribution simulations and controls for differences in pre-tax income … distributions. It assumes that the only information on the pre-tax distribution available in each country-year is the Gini …

robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock … and per capita output at the steady state. However, the robot tax cannot induce a takeoff toward positive long-run growth. …

-percentile consumption diagnostics that could inform redistribution policies. The proposed framework is illustrated in application to Iraq …

Constructing measures of post-tax income inequality that are consistent with national accounts requires the allocation … literature is to allocate this expenditure proportionally to post-tax cash income. We show that the gap in post-tax income shares …

Individuals vary considerably in how much they earn during their lifetimes. We study how the tax-and-transfer system o … life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings …

Individuals vary considerably in how much they earn during their lifetimes. This study examines the role of the tax … lifetime tax reform linking annual taxes to previous employment could improve the system's insurance capabilities, albeit at …